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Equipment Leasing and Finance Association's Survey of Economic Activity: Monthly Leasing and ...

2013-01-25 06:00:00| Industrial Newsroom - All News for Today

According to ELFA's Monthly Leasing and Finance Index, overall new business volume for December was 11.5 billion, up 6% from $10.8 billion in same period in 2011. In typical end-of-year spike, volume was up 80% from previous month’s volume of $6.4 billion. Cumulative new business volume for 2012 rose 14% over 2011; receivables over 30 days decreased to lowest level in last 2 years at 1.6%; and charge-offs were up from previous month at 0.6%, but down by 14.3% compared to same period last ...This story is related to the following:Trade Associations

Tags: and equipment finance activity

Category:Industrial Goods and Services

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